Author Archives for RateSpy Staff

Rates Slip Further

Canadian interest rates are still sliding. On Monday, Canada’s 5-year bond yield—which drives fixed mortgage rates—closed in the 1.50% range, something it hasn’t done since November 2017. Dozens of lenders have...

Interest Rates on Thin Ice?

Have you ever walked on a frozen lake and worried you’re going to fall through? That’s the feeling of many traders right now — the ones shorting Canada’s 5-year government...